Have yet to close a deal but the experience im getting is worth it weight in gold.

I am very well versed in the "Moral outrage and righteous indignation" arguments and know full well they carry zero weight in a court of law. 

I've never had to a rehab to the extent that this property needs, so right off the bat, I'm guessing it'll need at least $35K in rehab going off numbers I've seen from past repairs, lighter rehabs, etc.ARV is tough to me... if these 2 units were 2 bedrooms each, it'd easily be $100K.

This is a goal for us all, no matter how your real estate business is currently weighted.

Though i do have W2 income, i have been told the focus of the loans are NOT the individual but it is the DEAL that carries the true weight. 80% LTC, 5 Year Loans, Amortized over 20 Years.

Still holding onto this dead weight question for the last year.

good agents are worth their weight in gold but can also read through investor BS very quickly.good luck and if I can help more just PM me.....Peter

Come up with a line of questioning that you ask every one of them and you'll start to form a VERY clear picture of what is going on.Any real estate professional that is worth their weight will be willing to take 15-30 minutes to talk with you on the market.

Nice job, my 2 cents - a 5 year tenant that treats the place well is worth their weight in gold I would consider all the unknowns with a new tenant or costs and time associated with finding a new tenant and see how close you can get to your desired rental price with your existing tenant.

Any more than that suggests you are "over weighted" and over exposed to specific stock risk.